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Fastenal Company Expects Elevated IT Spending For 2026

By Reuters News12:17 (UTC), 14 October 2026 Updated

Oct 14 (Reuters) - Fastenal Company FAST.O:

FASTENAL COMPANY: FOR 2026, WE CONTINUE TO EXPECT INVESTMENT IN PROPERTY & EQUIPMENT, NET OF PROCEEDS FROM SALES, TO BE BETWEEN $310 MILLION-$330 MILLION
FASTENAL COMPANY: EXPECT ELEVATED IT SPENDING AS PROJECTS THAT WERE EXPECTED IN 2025 EXPERIENCED DELAYS AND ARE EXPECTED TO CONTINUE THROUGHOUT 2026
FASTENAL Q3 EPS USD 0.35 VERSUS. IBES ESTIMATE USD 0.34
FASTENAL Q3 SALES USD 2,463.3 MILLION VERSUS. IBES ESTIMATE USD 2,444 MILLION
FASTENAL COMPANY: EXPECT INCREASED TRUCKING SPEND

Source text: [ID:]

Further company coverage: FAST.O

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